New Delhi, July 6 -- The Department of Commerce organised a Chintan Shivir on 'Opportunities for the Seafood Sector under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA)' last week and stakeholders discussed investment opportunities, export facilitation and market access for seafood exports under TEPA.

TEPA is India's first trade agreement with the four EFTA countries -- Iceland, Liechtenstein, Norway and Switzerland. Collectively, the EFTA economies have a combined GDP of about USD 1.79 trillion and are major players in merchandise and services trade. It is also India's first operational trade arrangement with a European economic bloc, complementing ongoing engagements with the EU and the...